Denmark's current account surplus declined to DKK 12.7 billion in December of 2020 from a downwardly revised of DKK 13.8 billion in the previous month, as the goods surplus narrowed to DKK 8.9 billion from DKK 9.5 billion in November and the services account surplus dropped to DKK 0.8 billion from DKK 2.1 billion a month earlier. Meantime, the primary income surplus increased to DKK 6.5 billion from DKK 6.3 billion a month earlier, while the secondary income gap decreased to DKK 3.4 billion in December from DKK 4.1 billion in November. Considering the whole year of 2020, the current account surplus narrowed to DKK 170.8 billion from DKK 206.8 billion. source: Statistics Denmark

Current Account in Denmark averaged 10283.64 DKK Million from 2005 until 2020, reaching an all time high of 22794 DKK Million in October of 2019 and a record low of -1400 DKK Million in February of 2007. This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Current Account in Denmark is expected to be 500.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Denmark to stand at 15000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 13000.00 DKK Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Denmark Current Account

Actual Previous Highest Lowest Dates Unit Frequency
12732.00 13769.00 22794.00 -1400.00 2005 - 2020 DKK Million Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-09 07:00 AM Sep DKK19.1B DKK9.9B DKK 13B
2020-12-09 07:00 AM Oct DKK13.6B DKK19.9B
2021-01-11 07:00 AM Nov DKK15.2B DK12.7B
2021-02-08 07:00 AM Dec DKK12.7B DKK13.8B DKK14.8B
2021-03-11 07:00 AM Jan DKK12.7B DKK15.1B
2021-04-09 06:00 AM Feb
2021-05-10 06:00 AM Mar
2021-06-09 06:00 AM Apr


News Stream
Danish Current Account Surplus Narrows in December
Denmark's current account surplus declined to DKK 12.7 billion in December of 2020 from a downwardly revised of DKK 13.8 billion in the previous month, as the goods surplus narrowed to DKK 8.9 billion from DKK 9.5 billion in November and the services account surplus dropped to DKK 0.8 billion from DKK 2.1 billion a month earlier. Meantime, the primary income surplus increased to DKK 6.5 billion from DKK 6.3 billion a month earlier, while the secondary income gap decreased to DKK 3.4 billion in December from DKK 4.1 billion in November. Considering the whole year of 2020, the current account surplus narrowed to DKK 170.8 billion from DKK 206.8 billion.
2021-02-08
Danish Current Account Surplus Narrows in October
Denmark's current account surplus declined sharply to DKK 13.6 billion in October of 2020 from DKK 27.2 billion in the corresponding month of the previous year. The goods surplus narrowed to DKK 10.9 billion from DKK 11.7 billion in the same month of 2019 and the primary income surplus decreased to DKK 6.2 billion from DKK 8.4 billion a year earlier, while the services account posted a deficit of DKK 0.7 billion, shifting from a DKK 9.9 billion surplus a year earlier. Meantime, the secondary income gap was unchanged at DKK 2.8 billion.
2020-12-09
Danish Current Account Surplus Narrows in September
Denmark's current account surplus declined to DKK 19.1 billion in September of 2020 from DKK 21.7 billion in the corresponding month of the previous year. The services account surplus plunged to DKK 0.4 billion from DKK 3.2 billion a year earlier, while the primary income surplus decreased to DKK 7.1 billion from DKK 7.8 billion a year earlier and the secondary income gap increased to DKK 2.9 billion from DKK 2.7 billion in September 2019. Meanwhile, the goods surplus widened to DKK 14.5 billion from DKK 13.4 billion in the same month of 2019.
2020-11-09
Danish Current Account Surplus Smallest in 5 Months
Denmark's current account surplus declined to DKK 8.2 billion in August of 2020 from DKK 17.7 billion in the corresponding month of the previous year. It was the smallest current account surplus since March, as the services account surplus plunged to DKK 2.3 billion from DKK 7.7 billion a year earlier, while goods surplus narrowed to DKK 6.6 billion from DKK 10.3 billion in the same month of 2019 and the primary income surplus decreased to DKK 1.9 billion from DKK 2.6 billion a year earlier. Meantime, the secondary income gap declined to DKK 2.6 billion from DKK 2.8 billion in August 2019.
2020-10-09

Denmark Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).